New listing volume is down, and homes are selling at all-time highs as the skewed battle between supply and demand continues.
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Most Recent Articles
FHA Updates Servicing Section of Its Single-Family Handbook
Federal Housing Administration (FHA) Monday announced updates to its Single Family Handbook, which it says will strengthen loss-mitigation approaches for struggling borrowers while streamlining...
California’s Record-Fast Sales at All-Time High Prices
Like the rest of the nation, the second-most expensive state for homebuying announced unprecedented average prices, increased competition, and fewer-than-ever days on the market. The post...
A First in Report History: Median Sales Price Exceeds $300k
Despite an inflow of new listings inventory can't keep pace with demand, which is pushing up prices, according to this new report. The post A First in Report History: Median Sales Price Exceeds...
Fannie Mae: The Economic ‘Ramp Up’ Is Underway
The pandemic-driven recession of 2020 was unprecedented, and so is this next stage of economic recovery, the economic research team reports. The post Fannie Mae: The Economic ‘Ramp Up’ Is...
Vylla Title Names Tom Huddleston EVP
Vylla Title, a member of the Carrington family of companies, has tapped Tom Huddleston for the role of executive vice president. The post Vylla Title Names Tom Huddleston EVP appeared first on...
30-Somethings Are Most Likely to Relocate This Season
A recent report reveals this young and relatively affluent demographic will drive the market over the next few months. The post 30-Somethings Are Most Likely to Relocate This Season appeared first...
Housing Market Potential Falls From Last Month’s Peak
An economist explains the modest dip, other factors adding fuel to the “housing-demand fire," and what it all means for the spring homebuying season. The post Housing Market Potential Falls From...
The Week Ahead: Charting the Market’s Course for 2021
High prices and a new rise in inventory combined with low rates will all play into March’s existing home sales numbers as Q1 closes and the direction of the market takes shape. The post The Week...
Historic Housing Shortage Leads to Price Surge
Economists say winter storms, the Easter holiday, and an ongoing pandemic influenced the last month’s housing-market metrics. The post Historic Housing Shortage Leads to Price Surge appeared first...
Housing Supply Gets March Jump Start
Despite the rising cost of building materials and poor February weather, housing starts took off in March reaching new 15-year highs. The post Housing Supply Gets March Jump Start appeared first...
Indecomm’s Automated Decision-Making Software for Mortgage Underwriting
Edison, NJ-based Indecomm Global Services, provider of automation, outsourcing, compliance services, and technology for the U.S. mortgage industry, announced the release of DecisionGeniusTM, a...
Bill Proposed to Accelerate Affordable Housing Development
Bipartisan legislation geared toward raising the housing credit, the Affordable Housing Credit Improvement Act (AHCIA) of 2021, has been introduced with co-sponsors in both chambers of Congress....
What is Disrupting the Steady Climb of Mortgage Rates?
The 30-year fixed-rate mortgage (FRM) averaged 3.04%, another decrease this past week, according to Freddie Mac, which Thursday released the results of its Primary Mortgage Market Survey (PMMS)....
Optimal Days to List a Home are Fast Approaching
In a market that belongs decidedly to the seller, there's no bad time to list a home, however, the data researchers at Realtor.com say there is an optimal week in 2021 to sell. It is the coming...
Home Sale Prices Jump to New Highs
Redfin reports that in the month of March 2020, the national median home-sale price hit a record high of $353,000, up 17% from 2020, and a record high rate of growth. Regionally, median sale...
Diversity in Mortgage Lending
During Diversity Month, CBC Mortgage Agency's Tai Christensen talked to DS5 about down payment assistance and how it can help bring more people of color into homeownership. The post Diversity in...
Analyzing the Swift ‘Shift in the Mortgage Originations Landscape’
An inaugural monthly market report reveals trends that analysts say are direct results of interest-rate increases. The post Analyzing the Swift ‘Shift in the Mortgage Originations Landscape’...
Telework Fuels the Need for Increased Housing Inventory
A steady rise in the economy will bring more buyers to the market, as sellers are cashing in on buyers seeking larger spaces to accommodate their work from home situations in the new norm. The...
How Weather Changes Could Impact Home Values
Many homeowners believe an increase in storms, extreme temperatures, wildfires, and rising sea levels warrant serious concern, and economists say that is valid. The post How Weather Changes Could...
Sprout Mortgage Taps Santos as New EVP/CIO
Henry Santos brings a strong background in the enterprise technology ecosystem to his new role with the non-QM lender. The post Sprout Mortgage Taps Santos as New EVP/CIO appeared first on...